Fidelity Investments^® Reports $17b In Defined Contribution Sales During First Half Of 2011

Strong 2012 Sales Commitments Seen Exceeding $6B

BOSTON – Fidelity Investments, a leader in helping America’s workforce save for retirement, today reported it has received defined contribution (DC) commitments representing 315,000 participants, 269 plans and $17 billion in assets under administration in the first half of 2011, strengthening its No. 1 position in the industry. More than $15 billion were a result of new clients to Fidelity, with the remaining $2 billion from merger and acquisition activity with existing clients. Fidelity also announced that it is seeing robust sales commitments for 2012, which have already exceeded more than $6 billion.

“We are especially pleased with this year’s first half results which were driven mainly from brand new relationships to Fidelity and less from the corporate merger and acquisition activities that helped contribute to the growth in 2010,” said Jeffrey Lagarce, executive vice president, Workplace Investing, Fidelity Investments. “As pressures on employers increase and the regulatory environment grows more complex, plan sponsors are looking for a partner with the experience and expertise they can count on. As a result, we are winning a greater percentage of the opportunities.”

Fidelity reported strong sales increases in the emerging, mid, large and tax-exempt markets. Tax-exempt sales, in particular, rose significantly over last year as Fidelity continued to make investments in this sector to support health care and higher education markets as they looked to consolidate providers. In addition, corporate market sales were up from the prior year as Fidelity honed in on several industries including professional services.

“With retirement being at the core of our business, Fidelity is investing in areas that matter the most to our more than 14 million participants and their plan sponsors,” continued Lagarce. “We are committed to delivering the best participant and plan sponsor experience and to providing the best platform in the industry.”

Fidelity provides a comprehensive guidance offering to its 14.5 million retirement participants with educational guidance needed to help make informed decisions on their retirement planning goals, regardless of their age or life stage. This broad range of investment guidance includes web-based tools, workshops, on-demand webinars, and one-on-one consultations at employer locations or at 160 Fidelity investor centers nationwide.

About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.4 trillion, including managed assets of more than $1.5 trillion, as of August 31, 2011. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.

Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917

Although consultations are one on one, guidance provided by Fidelity is educational in nature, is not individualized and is not intended to serve as the primary or sole basis for your investment or tax-planning decisions.

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